Super Tycoon

"Yang, after the merger of the two companies, Zhiduoxing Group will become the major shareholder, and the number of voting rights will be similar to mine, even higher than Jason Huang. So what role will you play in the new company?" Jie Ray Sanders couldn't help asking.

"Jerry, I expressed my attitude when I invested in AMD Semiconductor. I am already tired of managing Zhiduoxing Group, and I don't have the heart to manage more companies."

"And I'm not as proficient as you in the business of computer hardware, or even as some of your company's executives. Why do I have to intervene in management?"

"As I said just now, I recommend you to be the chairman of the merged company, and Jason Huang to be the director and CEO, and even the vice chairman and CEO."

"You always have to retire, don't you retire at seventy, don't you retire at eighty? Before this year, AMD has been running a high deficit. Before I invested, you have met many investors. Who among them can give me such a good condition?"

"You have also seen it during this time. The development of Chaowei is very fast. I also helped to invest and build a factory in Huaxia. The preferential conditions are better than those of our Zhiduoxing Group itself."

"Last year, Intel's market value was 500 billion US dollars, how much is AMD? This year experienced the Internet bubble, and the market value of many related companies plummeted. Intel's market value also fell to more than 300 billion US dollars, and it is still falling. "

"However, Intel's estimated revenue this year can exceed 25 billion U.S. dollars, while AMD's revenue is up to 6 billion U.S. dollars. This is still a historical record, and it was not even half of it before."

"You love the AMD semiconductor you founded and devoted your whole life to it. What about Jason Huang? Isn't the Eagle Weida he founded doing well?"

"Last year, Eagle Weida won all the relevant awards. Although the overall strength is still slightly inferior to aTI, the upward momentum is obvious. These are all under the leadership of Jason Huang."

"I also contributed to the establishment of Yingweida's factory in China, and the factories of your two companies are still in an industrial park, separated by a wall."

"Frankly speaking, if I want to annex Eagle Weida, do I really have no chance? Jason Huang won't sell me the shares, what about the others? Doesn't Zhiduoxing Group have enough funds?"

"Zhi Duo Xing Group's net profit this year will reach about 1.5 billion US dollars in the game industry and educational electronic products alone!"

"In this Internet bubble, the stocks of many companies plummeted, and the market value plummeted, but the stock of Zhiduoxing Group only fell slightly and stabilized at 20 billion U.S. dollars."

"Transmeta, a company that claimed to be able to produce cPu without even a product before,

The market value once soared to tens of billions of dollars, but now there are only more than 10 billion dollars left? "

"Both Chaowei and Yingweida have stabilized their market value after receiving capital injection from Zhiduoxing Group."

In the previous life, Chaowei had no investment and developed alone. In 2002, the market value fell to only 5 billion US dollars, and the company was still profitable.

Under normal circumstances, the market value of a general company is higher than its revenue, and may even be several times. At that time, Chaowei’s annual revenue exceeded US$5 billion, and its market value was not as good as its revenue.

Just because Chaowei's profits are far inferior to Intel's, many investors feel that Chaowei will soon go downhill, or even go bankrupt.

In fact, before Zhang Yang was reborn, Chaowei was also very unsatisfactory, with a very low market value and low revenue and profit margins. To put it bluntly, investors think that Chaowei has no money to pay them dividends or dividends, and sooner or later they will be bankrupted by Intel.

"My opinion is that the two parties merge. If you really don't want to, then you can maintain cooperation. I will still help you maintain cooperation with SanDisk, and the two sides will jointly promote some interface standards. At the same time, I will also help you cooperate with Lianxiang Group. Increase sales and occupy the Chinese market."

The negotiations are now at an impasse. To put it bluntly, both parties are unwilling to delegate power. Jerry Sanders hoped that it would be an acquisition, but he also knew that this was unlikely, because at this time, issuing shares to raise funds would be a loss at all, and it is very likely that the company's stock price will continue to fall, and other shareholders will not agree.

Merger is also possible, but he hopes that Yingweida will be merged into Chaowei, not an equal merger between the two parties. Anyway, the market value of Chaowei at this time is much higher than that of Eagle Weida.

Jason Huang actually has a positive attitude towards the merger. Eagle Weida is developing rapidly, but it is still not as big as aTI. They also lack capital, and one wrong step could put the company in trouble.

If they can merge with a stronger company at this time, it will also be of great benefit to their business development. After all, the graphics card market at this time is still dominated by integrated graphics cards, and independent graphics cards are at a disadvantage.

The most fundamental reason is Intel and this company, they are the leader of integrated graphics, so in terms of some standards and system algorithms, they prefer their own integrated graphics.

But many manufacturers and consumers can also see the advantages of independent graphics cards, such as strong performance, low dependence on cPu, and easy upgrades.

Nowadays, the replacement speed of computer hardware is too fast, and it is more expensive to upgrade the CPU, but if you can upgrade other hardware and improve computer performance, many people will be very happy.

At this time, a graphics card that can be disassembled at any time, easily installed, and does not need to be upgraded too much, is particularly important.

In this regard, the same is true for memory, hard disk, etc.

How many semiconductor manufacturers tried to challenge the status of Intel before, all failed. Chaowei has been suppressed miserably, and it only started to make a profit this year. Many of the funds injected by Zhiduoxing before have been used to repay debts.

"Yang, do you know what is the biggest problem in the merger of our two companies? It is Zhiduoxing Group!" Jerry Saunders said suddenly.

Zhang Yang looked at Sanders: "What do you mean? I made it very clear just now that I have no interest in managing this enterprise. This is just an investment in my company."

"Yang, does your country's government restrict the control of foreign capital by domestic enterprises?"

Only then did Zhang Yang understand that what he was worried about was the local protection of the American government. Many people think that only poor countries do this, but the United States has always done this.

Some important products, especially leading industries, will never be sold to foreign capital, and the government will stop them.

"But after the merger, we Zhiduoxing will not be the controlling party, but just the major shareholder, and you still have the most voting rights."

"Yang, this requires some complicated operations. I am also reminding you that it is impossible for you to continue to increase your holdings of more stocks. Let me discuss the merger with Jason again, and we both understand what you mean. "

"If it can be merged, do you still only need one supervisor seat?"

"No, I will also appoint an independent director and a vice president."

"Okay, I have no objection. I don't have any objection depending on what Jason means, so that's it for today. I'll invite you two to have dinner at home."